#TradingPairs101
BTC/USDT = Buying or selling Bitcoin using Tether (USDT).
ETH/BTC = Buying or selling Ethereum using Bitcoin.
🧠 How Trading Pairs Work
When you trade using a pair, you're essentially:
Buying the base currency (the first one in the pair)
Using the quote currency (the second one) to pay for it
Example:
BTC/USDT = 50,000
➡️ 1 BTC costs 50,000 USDT
🛠️ Types of Trading Pairs
Crypto-to-Fiat Pairs
Example: BTC/USD, ETH/EUR
Let you trade crypto against government-issued currencies.
Crypto-to-Stablecoin Pairs
Example: ETH/USDT, BTC/USDC
Trade crypto with stablecoins pegged to fiat (like the USD).
Crypto-to-Crypto Pairs
Trade one cryptocurrency for another.